Company Profile

GENERAL INSURANCE CORPORATION OF INDIA LTD.

NSE : GICREBSE : 540755ISIN CODE : INE481Y01014Industry : InsuranceHouse : PSU
BSE133.85-2.5 (-1.83 % )
PREV CLOSE (Rs.) 136.35
OPEN PRICE (Rs.) 139.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 13761
TODAY'S LOW / HIGH (Rs.)133.45 139.95
52 WK LOW / HIGH (Rs.)81.7 274.95
NSE133.75 -2.6 (-1.91 % )
PREV CLOSE(Rs.) 136.35
OPEN PRICE (Rs.) 137.30
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 133.75 (2230 )
VOLUME 204190
TODAY'S LOW / HIGH(Rs.) 133.45 137.75
52 WK LOW / HIGH (Rs.)81.5 274.8

Company News

Date Heading Details
11-Jan-2021 Announcement under Regulation 30 (LODR)-Cessation Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Central Government through Ministry of Finance Letter F. No. A-11011/6/2017-Ins.II dated 8th January 2021 has appointed Mr. Amit Agrawal (DIN: 07117013), Additional Secretary, Department of Financial Services, Ministry of Finance as Government Nominee Director on the Board of the Corporation with immediate effect and until further orders, vice Ms. Dakshita Das, Additional Secretary. Kindly note that Mr. Amit Agrawal is not related to any of the existing Directors of the Corporation and is not debarred from holding office of Director by virtue of any SEBI Order or any other authority. The brief profile of Mr. Amit Agrawal is attached herewith.
11-Jan-2021 Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Central Government through Ministry of Finance Letter F. No. A-11011/6/2017-Ins.II dated 8th January 2021 has appointed Mr. Amit Agrawal (DIN: 07117013), Additional Secretary, Department of Financial Services, Ministry of Finance as Government Nominee Director on the Board of the Corporation with immediate effect and until further orders, vice Ms. Dakshita Das, Additional Secretary. Kindly note that Mr. Amit Agrawal is not related to any of the existing Directors of the Corporation and is not debarred from holding office of Director by virtue of any SEBI Order or any other authority. The brief profile of Mr. Amit Agrawal is attached herewith.
06-Jan-2021 Outcome Of Board Meeting Held On 5Th January 2021 Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today took note of the appointment of following as Key Management Person of the Corporation with effect from 1st January 2021, pursuant to the Insurance Regulatory and Development Authority of India (IRDAI) Corporate Governance Guidelines 2016 : 1. Mrs. Jayashree Ranade as Chief Investment Officer & Key Management Person of the Corporation in place of Mr. Shashikant N. More who has retired on attaining the age of superannuation. 2. Mrs. Jayashri Balkrishna, as Chief Risk Officer & Key Management Person of the Corporation in place of Mrs. Madhulika Bhaskar. The Brief profiles of Mrs. Jayashree Ranade & Mrs. Jayashri Balkrishna are enclosed..
05-Jan-2021 Announcement under Regulation 30 (LODR)-Change in Management Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on 5th January 2021, took note of the appointment of following as Key Management Person of the Corporation with effect from 1st January 2021, pursuant to the Insurance Regulatory and Development Authority of India (IRDAI) Corporate Governance Guidelines 2016 : 1. Mrs. Jayashree Ranade as Chief Investment Officer & Key Management Person of the Corporation in place of Mr. Shashikant N. More who has retired on attaining the age of superannuation. 2. Mrs. Jayashri Balkrishna, as Chief Risk Officer & Key Management Person of the Corporation in place of Mrs. Madhulika Bhaskar. The Brief profiles of Mrs. Jayashree Ranade & Mrs. Jayashri Balkrishna are enclosed.
24-Dec-2020 General Insurance Corporation of India informs about board meeting <p align="justify">Pursuant to regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, General Insurance Corporation of India has informed that a meeting of the Board of Directors of the company is scheduled to be held on Tuesday, 5th January 2021, in Mumbai to consider and approve general matters of the Corporation.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
24-Dec-2020 General Insurance Corporation of India informs about proceedings of 48th AGM <p align="justify">Pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, General Insurance Corporation of India has informed that it has enclosed the summary of proceedings of the 48th AGM of the Corporation held on 23rd December 2020 at 3:00 pm through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). Take note of the above and arrange to bring this to the notice of all concerned.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
24-Dec-2020 Announcement under Regulation 30 (LODR)-Meeting Updates Pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith summary of proceedings of the 48th AGM of the Corporation held on 23rd December 2020 at 3:00 p.m. through Video Conferencing (VC)/ Other Audio Visual Means (OA VM).
24-Dec-2020 Board Meeting Intimation for Board Meeting Scheduled To Be Held On Tuesday, 5Th January 2021, In Mumbai. General Insurance Corporation Of Indiahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/01/2021 ,inter alia, to consider and approve Pursuant to regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Corporation is scheduled to be held on Tuesday, 5th January 2021, in Mumbai to consider and approve general matters of the Corporation. Request you to kindly take the information on record.
30-Nov-2020 General Insurance Corporation of India informs about AGM <DIV align=justify><SPAN>General Insurance Corporation&nbsp;of India has informed that the 48th Annual General Meeting is scheduled to be held on Wednesday, December 23, 2020 at 3.00 PM IST via Video Conference/ Other Audio Visual Means (VC/OAVM) in accordance with the relevant circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The AGM Notice and Annual Report for the Financial Year 2019-20 will be circulated to Stock Exchanges and the Members through electronic mode and will also be available on the Corporation's website - www.gicofindia.com in due course.&nbsp;</DIV><SPAN><DIV align=justify><BR></DIV><DIV align=justify><SPAN>The above information is a part of company's filings submitted to BSE.</DIV><SPAN><DIV><BR></DIV><DIV><SPAN></DIV><DIV><BR></DIV>
03-Jul-2020 General Insurance Corporation of India informs about credit rating <P align=justify>Pursuant to Regulation 30 read with para A of Schedule III and Regulations 46(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, General Insurance Corporation of&nbsp;India has informed that A.M. Best Asia-Pacific (Singapore) has revised the ratings assigned to General Insurance Corporation of India ('GIC Re') and further revised the outlook of Financial Strength Rating as per details is enclosed. The Rating Rationale issued by A.M. Best dated 2nd July 2020 regarding revision of credit ratings is also enclosed by the company.<P align=justify>The above information is a part of company's filings submitted to BSE.<BR>